Illinois quick hits: Chicago debt deal pushes payments down road

Illinois quick hits: Chicago debt deal pushes payments down road

Spread the love

Chicago debt deal pushes payments down road

Chicago Mayor Brandon Johnson is reportedly structuring the city’s debt with a deal that makes no payments for the next three-plus years. The Chicago Tribune Editorial Board found that the city is preparing to solicit bond investors for more than $500 million to cover back pay owed to firefighters and anticipated costs to settle lawsuits.

The report says the cost of the debt is likely to rise as investors demand higher yields in response to Chicago’s precarious financial condition.

Man sentence to 15 years for producing child porn

A district judge has sentenced a Richland County man to 28 years in federal prison plus 15 years of supervised release after he admitted to producing child pornography.

According to court documents, a mother discovered cell phone video of her 13-year-old engaging in sexual acts with Joseph Jared St. Pierre, 37, of Olney in July 2024.

State Reparations Commission issues report

The Illinois African Descent-Citizens Reparations Commission has released a 294-page document examining how slavery and its vestiges produce historical harms and continue to generate inequities for Black Illinoisans.

The commission said the report will help inform debate over how to repair and redress the damage. The report authors said it was beyond the scope of the document to determine what the remedies should be.

Leave a Comment





Latest News Stories

Will County Board Graphic.02

Will County Executive Committee Backs Funding Pursuit for $2.33 Million Harris Drive Property Buyouts

Will County Board Executive Committee Meeting | May 14, 2026 Article Summary: The Will County Board Executive Committee on Thursday, May 14, 2026, agreed to pursue state and federal grant...
Will County Finance Logo

Will County Division of Transportation Requests $1 Million Increase to Highway Levy to Combat Inflation

Will County Board Finance Committee Meeting | May 5, 2026 Article SummaryThe Will County Division of Transportation is requesting a $1 million increase to the county's Highway Levy for FY2027,...
Will County Board Graphic.03

Will County Hears Proposal to Establish County-Focused Land Bank for Distressed Properties

Will County Board Executive Committee Meeting | May 14, 2026 Article Summary: The Will County Board Executive Committee on Thursday, May 14, 2026, heard an introductory presentation from Will County...
Newly commissioned Green Garden Township Watershed Committee Chairman Jeff Becker addresses the Green Garden Township Board on May 11, 2026.

Green Garden Township Board Discusses Solar Projects, Budget Priorities, and Renovations at May 11 Meeting

By Andrea Arens The Green Garden Township Board addressed a wide range of issues during its May 11, 2026 meeting, including ongoing debates over large-scale solar developments, a proposed $530,000...
Spanberger vows to get Virginians ‘representation we deserve’

Spanberger vows to get Virginians ‘representation we deserve’

By Alan WootenThe Center Square Virginia’s Democratic governor responded to an invalidated election result and the U.S. Supreme Court’s denial of an emergency stay on Friday by saying she’s committed...
EXCLUSIVE: The Oversight Project calls for investigation into Fusus, Oak Brook contract

EXCLUSIVE: The Oversight Project calls for investigation into Fusus, Oak Brook contract

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Oak Brook police chief welcomes an investigation into how the village obtained a multi-million taxpayer funded...
solar panels photovoltaics in solar farm

Will County Executive Committee Recommends 600 MW Pride of the Prairie Solar Project in 6-5 Split Vote

Will County Board Executive Committee Meeting | May 14, 2026 Article Summary: The Will County Board Executive Committee on Thursday, May 14, 2026, voted 6-5 to recommend approval of a...
Europe tried wealth taxes. Most gave up.

Europe tried wealth taxes. Most gave up.

By Brett RowlandThe Center Square Democratic senators are advancing a series of proposals to tax America's wealthiest households, with supporters projecting trillions in new federal revenue. Critics, however, argue the...
Will County Finance Logo

Aging Systems and Judicial Mandates Drive Significant FY2027 Budget Requests for Will County Courts and Sheriff

Will County Board Finance Committee Meeting | May 5, 2026 Article SummaryMultiple Will County justice and public safety departments detailed millions of dollars in operational and capital needs for FY2027,...
Will County P&Z Logo Planning Zoning

Meeting Summary and Briefs: Will County Planning and Zoning Commission for May 5, 2026

Will County Planning and Zoning Commission Meeting | May 5, 2026 The Will County Planning and Zoning Commission met on May 5, 2026, to deliberate on several high-impact infrastructure and...
Colorado governor shortens Tina Peters' sentence for election tampering

Colorado governor shortens Tina Peters’ sentence for election tampering

By Liam HibbertThe Center Square Colorado Gov. Jared Polis has shortened the prison sentence of former county clerk Tina Peters, convicted of election tampering related to the 2020 election. The...
No ruling; Florida judge hears arguments in redistricting litigation

No ruling; Florida judge hears arguments in redistricting litigation

By David BeasleyThe Center Square A Florida judge on Friday heard arguments on a lawsuit to block a new congressional redistricting plan in Florida that could give Republicans a four-seat...
Debate grows over bill on gender, abortion care access in child placement

Debate grows over bill on gender, abortion care access in child placement

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A proposed law could allow child services to consider a child’s gender identity and access to abortion...
Lawsuit: D300 secretly gender transitioned student; Seeks to nix IL gender ‘guidance,’ too

Lawsuit: D300 secretly gender transitioned student; Seeks to nix IL gender ‘guidance,’ too

By Jonathan Bilyk | Legal NewslineThe Center Square A mother from Chicago's far northwest suburbs has lodged a lawsuit against her child's public school district, accusing Community Unit School District...

WATCH: Family farm’s decade-long water war with Ecology waiting on WA Supreme Court

By Carleen JohnsonThe Center Square More than nine years after a legal battle began between a Grant County family farm and the Washington Department of Ecology, the two sides are...